Global Motion Control Market Size & Outlook
The motion control industry worldwide is expected to reach a projected revenue of US$ 24,659.7 million by 2030. A compound annual growth rate of 5.8% is expected of the worldwide motion control industry from 2024 to 2030.
Revenue, 2023 (US$M)
$16,630.2
Forecast, 2030 (US$M)
$24,659.7
CAGR, 2024 - 2030
5.8%
Report Coverage
Worldwide
Global motion control market, 2018-2030 (US$M)
Related Markets
Global motion control market highlights
- The global motion control market generated a revenue of USD 16,630.2 million in 2023 and is expected to reach USD 24,659.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.8% by 2030.
- In terms of segment, closed-loop system accounted for a revenue of USD 8,554.2 million in 2023.
- Closed-loop System is the most lucrative system segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 16,630.2 million |
| Market revenue in 2030 | USD 24,659.7 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Closed-loop system |
| Fastest growing segment | Closed-loop System |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Open-loop System, Closed-loop System |
Other key industry trends
- In terms of revenue, the North America accounted for 17.2% of the global motion control market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 339.4 million by 2030.
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Motion Control Market Scope
Motion control market segmentation & scope
Others
Motion Control Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global motion control market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to motion control market will help companies and investors design strategic landscapes.
closed-loop system was the largest segment with a revenue share of 51.44% in 2023. Horizon Databook has segmented the Global motion control market based on open-loop system, closed-loop system covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Motion Control System Outlook (Revenue, USD Million, 2018-2030)
- Open-loop System
- Closed-loop System
- Global Motion Control Offerings Outlook (Revenue, USD Million, 2018-2030)
- Actuators & Mechanical Systems
- Drives
- Motors
- Motion Controllers
- Sensors & Feedback Devices
- Software & Services
- Global Motion Control Application Outlook (Revenue, USD Million, 2018-2030)
- Metal Cutting
- Metal Forming
- Material Handling
- Packaging
- Robotics
- Others
- Global Motion Control Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
- Electronics & Semiconductor
- Logistics
- Automotive
- Healthcare
- Food & Beverage
- Paper & Printing
- Aerospace & Defense
- Others
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Target buyers of Global motion control market databook
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Our clientele includes a mix of motion control market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global motion control market , including forecasts for subscribers. This global databook contains high-level insights into Global motion control market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global motion control market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Motion control market size, 2023 (USD Million)
Top 10 countries: Motion control market size, 2023 (USD Million)
Global motion control market, by region, 2023 (US$M)
Related regional statistics
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